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Tag Archives: Interest Rate

Consumers Indicate Now Is The Time To Sell

Fannie Mae’s latest iteration of the monthly Home Purchase Sentiment Index (HPSI) fell by a slight 0.5 points to 74.2 in December as consumers wildly differed on whether it is a good time to buy or sell a home and their outlook on the economy. When combined, these metrics ...

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NY Fed President Dudley Reverses Interest Rate Hike Forecast

The uncertainty surrounding the highly anticipated interest rate hike has kept the industry on its toes about just when the Federal Open Market Committee will raise rates, but New York Fed President William Dudley has recently reversed his initial forecast for the increase, presenting even more skepticism.

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Fannie Mae Announces Modification Interest Rate Hike

Fannie Mae announced earlier this week it will be adjusting the required interest rate for its Standard Modification Program. The new interest rate of 4.5 percent will be effective for all Fannie Mae mortgage loans approved for the Standard Modification Program on or after October 14, 2014.

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